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It is easy to understand, but it does not sound natural. You have used 'and' three times, but generally, it should not be used more than once in a sentence.

To make it easier, I would add some some 'cause' to this statement. As you have put it, it is just a series of facts linked by conjuctions. This is pretty awkward. Usually if you state multiple facts in a sentence, it is good to show the link betweeen them.

In this example, I would say the following:

As China has become on of the largest consumers of Jewelry, it now needs a platform for the exchange and purchasing of Jewelry and raw Jade.